XRP Price Jumps 2% As Bitwise Nears ETF Launch

The XRP value climbed 2% within the final 24 hours to commerce at $2.49 as of 8 p.m. EST on buying and selling quantity down that slumped 57% to $2.04 billion.

That is as Bitwise strikes one step nearer to launching a US-listed XRP ETF after submitting the “last modification” to its S-1 registration with the US Securities and Trade Fee (SEC) on Oct. 31. That alerts an approval could arrive inside weeks. 

The Bitwise XRP ETF is ready to commerce on the New York Inventory Trade (NYSE) with a administration payment of simply 0.34%, placing stress on different merchandise to maintain prices low. 

Bitwise simply filed Modification No. 4 for its XRP ETF with the SEC — one other step towards bringing spot $XRP publicity to U.S. markets.

This isn’t rumor; it’s proper on Type S-1 beneath the Securities Act of 1933.Momentum’s constructing. #XRP #ETF #Ripple pic.twitter.com/Krtvd56gxF

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) November 1, 2025

The thrill across the Bitwise XRP ETF has introduced renewed curiosity to XRP, boosting sentiment across the coin and conserving it within the highlight.

XRP Value: Sturdy Fundamentals, On-Chain Developments

XRP’s value enhance is being supported by robust fundamentals and on-chain developments. XRP is likely one of the world’s largest digital property, with a market capitalization above $30 billion.

The coin powers the XRP Ledger (XRPL) blockchain, which is finest identified for quick cross-border remittances however can be increasing into decentralized finance (DeFi) and asset tokenization. 

The community boasts over 5 million lively wallets and constantly handles transactions in simply seconds, with charges beneath $0.01.​

On-chain knowledge exhibits exercise on the XRPL has been rising forward of the ETF choice. Transaction volumes are trending up, whereas whale wallets have resumed accumulation after minor promoting by short-term holders final week. 

XRP Ledger Lively Addresses Supply: CryptoQuant

Institutional flows are additionally robust, with elevated motion from exchanges into self-custody wallets, a basic sign that traders anticipate optimistic value motion within the coming weeks. 

Consultants additionally level out that the upcoming ETF product might increase liquidity and scale back provide stress, as extra cash are locked into long-term funding merchandise.

The mixture of rising community exercise, pockets progress, and institutional curiosity might be the gas wanted for additional value beneficial properties.​

XRP Value Technical Evaluation: Indicators Of A Key Reversal

Wanting on the technical facet, XRP’s weekly chart alerts an important second for merchants and traders. After rebounding from lows close to $1.02 earlier in 2025, XRP set a excessive round $3.66 in July. The worth then retreated however held above each the 50-week and 200-week easy transferring averages (SMA), key assist ranges at $2.52 and $1.02, respectively.​

The current transfer again above the 50-week SMA is a crucial bullish signal, particularly because the ETF story unfolds. Consumers have defended the $2.45–$2.60 assist zone. If this vary holds, technicals counsel a possible push towards the earlier excessive at $3.66, with interim resistance close to $3.00.​

XRPUSDT Evaluation Supply: Tradingview

Brief-term indicators supply a mixed-to-bullish outlook. The Relative Power Index (RSI) is at 47.35, which is impartial however leaves room for extra upside if momentum builds. The MACD (Transferring Common Convergence Divergence) histogram is flattening out, indicating that bearish stress is weakening and consumers might regain management quickly. 

The ADX at 23.66, whereas not signaling a particularly robust development, is in line with ongoing accumulation at these ranges.​

If bulls maintain the worth above $2.52 and consumers reply to any quick dips, XRP might climb towards the $3 space shortly as soon as the ETF information turns into official. Nevertheless, a drop under $2.45 would possibly set off short-term promoting and see XRP retest assist nearer to the 200-week SMA at $1.02 earlier than new consumers step in.

With ETF pleasure constructing and technical assist holding for now, the XRP value story appears extra bullish than not. The ETF choice, anticipated inside weeks, could set the stage for the subsequent massive transfer as merchants eye each $3 and new all-time highs if present traits proceed.

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